#ETHMarketWatch $ETH approaches the $3,000 mark

Current price: $2,720

All-time high (ATH): $4,891 (November 2021)

Recovery rate: Nearly 56% since the bottom in 2022

Ethereum continues to show exceptional strength with an increasingly expanding ecosystem. The strong development of Layer 2 (Arbitrum, Optimism, zkSync), DeFi applications, NFTs, along with the trend of tokenizing real-world assets (RWA) has created a solid foundation for this recovery.

Highlights:

Layer 2 is developing strongly, reducing fees and increasing transaction speed.

RWA is gaining attention, with BlackRock and many large organizations participating.

ETH staking is increasing, strengthening the network.

The number of active wallet addresses remains high.

Upcoming expectations:

Short-term resistance level: $2,800

Next important level: $3,200

Long-term target (if the market continues positively): $4,500–$5,000

Disclaimer: This article is not investment advice. Please do your own research (DYOR) and manage risk according to your appetite.

#Ethereum #ETH #CryptoMarket #Layer2 #DeFi #RWA #Staking #DYOR